Kiran Syntex

Which are the latest news on Kiran Syntex?

Why is Kiran Syntex Ltd falling/rising?

As of 05-Sep, Kiran Syntex Ltd's stock price is at 14.50, unchanged from the previous session, but it has outperformed the market with returns of +5.69% and +9.02% over the past week and month, respectively. Increased investor participation and positive trends suggest potential for upward movement despite some short-term volatility.

As of 05-Sep, Kiran Syntex Ltd's stock price is currently at 14.50, showing no change from the previous trading session. The stock has demonstrated a positive trend over the past week and month, with returns of +5.69% and +9.02%, respectively, while the benchmark Sensex has declined by -0.97% and -2.44% during the same periods. This indicates that Kiran Syntex Ltd is outperforming the market recently.<BR><BR>Despite the current price stability, the stock has underperformed its sector today by -0.33%. Additionally, there has been erratic trading, as the stock did not trade on one day out of the last 20 days. However, there is a notable increase in investor participation, with delivery volume on September 3 rising by 711.69% compared to the 5-day average, suggesting growing interest among investors.<BR><BR>In terms of moving averages, the stock is currently higher than the 5-day, 20-day, 50-day, and 200-day moving averages, but lower than the 100-day moving average, which may indicate some volatility in the short term. Overall, while the stock price remains unchanged today, the recent positive performance and increased investor activity suggest a potential for upward movement in the near future.

Who are in the management team of Kiran Syntex?

The management team of Kiran Syntex includes Mahesh M Godiwala (Chairman & Managing Director), Ami Godiwala (Non Executive Director), Dineshkumar Dhirajbhai Patel (Independent Director), and Manoj D Patel (Independent Director).

The management team of Kiran Syntex includes the following individuals:<BR><BR>1. Mahesh M Godiwala - Chairman & Managing Director<BR>2. Ami Godiwala - Non Executive Director / Chief<BR>3. Dineshkumar Dhirajbhai Patel - Independent Director<BR>4. Manoj D Patel - Independent Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does Kiran Syntex do?

Kiran Syntex Ltd is a micro-cap company established in 1986, specializing in the manufacturing and supply of polyester dyed yarns for the garments and apparel industry, with a recent quarterly net sales of 3 Cr. The company has a market cap of INR 6 Cr and key financial metrics include a debt equity ratio of -0.08 and a return on equity of -3.63%.

Overview:<BR>Kiran Syntex Ltd is a leading manufacturer and supplier of a wide assortment of Polyester Dyed Yarns in the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History:<BR>Kiran Syntex Limited was established in 1986. The latest quarterly results reported net sales for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 3 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: N/A <BR>Market-cap: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.08 <BR>Return on Equity: -3.63% <BR>Price to Book: 3.02<BR><BR>Contact Details:<BR>Address: 1/324 Popat Street, Nanpura Surat Gujarat : 395001 <BR>Email: kiransyntex@yahoo.com <BR>Website: http://www.kiransyntex.com

Who are the peers of the Kiran Syntex?

Kiran Syntex's peers include Nivaka Fashions, Supertex Inds., Amraworld Agrico, Minaxi Textiles, Eureka Industrie, Suncity Synth., Kakatiya Textile, and Sahaj Fashions, all exhibiting below average management and growth risks, with negative returns over the past year. Kiran Syntex and Kakatiya Textile have a below average capital structure.

Peers: The peers of Kiran Syntex are Nivaka Fashions, Supertex Inds., Amraworld Agrico, Minaxi Textiles, Eureka Industrie, Suncity Synth., Kakatiya Textile, and Sahaj Fashions.<BR><BR>Quality Snapshot: Below Average management risk is observed at Nivaka Fashions, Supertex Inds., Amraworld Agrico, Minaxi Textiles, Eureka Industrie, Suncity Synth., Sahaj Fashions, and Kiran Syntex, while Kakatiya Textile does not qualify. Average growth is found at Kiran Syntex, while Below Average growth is noted at Nivaka Fashions, Supertex Inds., Amraworld Agrico, Minaxi Textiles, Eureka Industrie, Suncity Synth., and Sahaj Fashions, with Kakatiya Textile not qualifying. Kiran Syntex and Kakatiya Textile both have a Below Average capital structure, while the rest do not qualify.<BR><BR>Return Snapshot: Nivaka Fashions has the highest 1-year return at -82.99%, while Amraworld Agrico has the lowest at -43.96%, with Kiran Syntex's 1-year return being not available for comparison. Additionally, peers such as Nivaka Fashions, Supertex Inds., Amraworld Agrico, Minaxi Textiles, Eureka Industrie, Suncity Synth., Kakatiya Textile, and Sahaj Fashions have negative six-month returns.

How big is Kiran Syntex?

As of 31st August, Kiran Syntex Ltd has a market capitalization of 6.00 Cr and reported net sales of 15.41 Cr with a net loss of 0.05 Cr over the latest four quarters. Shareholder's funds are 1.93 Cr, and total assets are valued at 9.29 Cr as of March 2026.

As of 31st August, Kiran Syntex Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Kiran Syntex reported net sales of 15.41 Cr. However, the net profit for the same period was a loss of 0.05 Cr.<BR><BR>The latest reporting period for the balance sheet is March 2026. Shareholder's funds stood at 1.93 Cr, while total assets were valued at 9.29 Cr.

Should I buy, sell or hold Kiran Syntex Ltd?

Are Kiran Syntex Ltd latest results good or bad?

Kiran Syntex Ltd's latest results show significant revenue growth of 591.76% year-on-year, but the company reported a net loss of ₹0.08 crores and breakeven operating margins, indicating ongoing operational challenges and concerns about its business viability.

Kiran Syntex Ltd's latest results indicate a challenging situation for the company. While the net sales for Q4 FY26 showed a remarkable increase of 591.76% year-on-year, reaching ₹5.88 crores, this growth is juxtaposed against a very low base from the previous year. Unfortunately, the company reported a net loss of ₹0.08 crores, resulting in a negative PAT margin of 1.36%. <BR><BR>Operating margins were at a breakeven level of 0.0%, which reflects a significant inability to convert revenue into profit. This situation raises concerns about the company's operational efficiency and overall business viability. The unusual tax charge of ₹0.07 crores, despite nearly zero profit before tax, further complicates the financial picture.<BR><BR>In summary, while Kiran Syntex has achieved impressive revenue growth, the persistent losses and lack of operational profitability suggest that the results are more indicative of underlying issues rather than a solid recovery. The company appears to be struggling to establish a sustainable business model, making the latest results more concerning than promising.

When is the next results date for Kiran Syntex Ltd?

The next results date for Kiran Syntex Ltd is 30 May 2026.

The next results date for Kiran Syntex Ltd is scheduled for 30 May 2026.

How has been the historical performance of Kiran Syntex?

Kiran Syntex has shown a gradual increase in net sales, reaching 0.85 Cr in Mar'25, despite a decline from 1.01 Cr in Mar'23. The company continues to report negative profits, with total liabilities and assets both at 1.84 Cr, indicating ongoing financial challenges.

Answer:<BR>The historical performance of Kiran Syntex shows a gradual increase in net sales, with figures rising from 0.00 Cr in Mar'24 to 0.85 Cr in Mar'25, although it decreased from 1.01 Cr in Mar'23. Total operating income mirrored this trend, reaching 0.85 Cr in Mar'25 after being 0.00 Cr in the previous year. However, total expenditure increased to 0.93 Cr in Mar'25 from 0.10 Cr in Mar'24, leading to an operating profit (PBDIT) of -0.08 Cr, slightly improved from -0.10 Cr in Mar'24. The profit before tax and profit after tax also remained negative at -0.08 Cr in Mar'25, consistent with the previous year. The company's reserves have been negative, decreasing to -2.26 Cr in Mar'25 from -2.18 Cr in Mar'24. The earnings per share (EPS) showed a slight improvement, moving from -0.21 in Mar'24 to -0.19 in Mar'25. Total assets increased to 1.84 Cr in Mar'25 from 1.44 Cr in Mar'24, while total liabilities also rose to 1.84 Cr from 1.44 Cr, indicating a stable financial position despite ongoing losses.<BR><BR>Breakdown:<BR>Kiran Syntex's financial performance over the years reflects a company that has begun to generate sales, with net sales reaching 0.85 Cr in Mar'25, although this is a decline from the previous year's 1.01 Cr. The total operating income followed suit, increasing from 0.00 Cr to 0.85 Cr, yet total expenditure surged to 0.93 Cr, resulting in an operating profit of -0.08 Cr. The company has consistently reported negative profits before and after tax, with figures of -0.08 Cr for both in Mar'25. Reserves have remained negative, indicating ongoing financial challenges, while the EPS improved slightly to -0.19. Total assets and liabilities both increased to 1.84 Cr, suggesting a stable balance sheet despite the company's operational struggles.

Is Kiran Syntex overvalued or undervalued?

As of April 25, 2023, Kiran Syntex is considered risky and overvalued with negative financial ratios, indicating profitability issues, especially when compared to peers like K P R Mill and Trident, despite a year-to-date return of 23.53% that outpaces the Sensex's 5.61%.

As of 25 April 2023, Kiran Syntex's valuation grade has moved from does not qualify to risky, indicating a significant shift in its risk profile. The company is currently assessed as overvalued, with a PE ratio of -4.46, an EV to EBIT of -4.44, and a Price to Book Value of 2.17. These negative ratios suggest underlying financial difficulties, particularly in profitability.<BR><BR>When compared to peers, Kiran Syntex's valuation stands out unfavorably. For instance, K P R Mill Ltd is classified as very expensive with a PE ratio of 47.51, while Trident is rated fair with a PE of 42.6. This stark contrast highlights Kiran Syntex's challenges in generating positive earnings compared to its competitors. Additionally, while the stock has shown a year-to-date return of 23.53%, outpacing the Sensex's 5.61%, the overall financial metrics indicate that investors should approach Kiran Syntex with caution.

What is the technical trend for Kiran Syntex?

As of June 3, 2025, Kiran Syntex shows a bullish technical trend supported by a bullish MACD and moving averages, though caution is advised due to a bearish weekly RSI and mixed signals from the KST.

As of 3 June 2025, the technical trend for Kiran Syntex has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the overall bullish stance, while the daily moving averages also indicate bullish momentum. However, the weekly RSI is bearish, which suggests some caution. The Bollinger Bands are bullish on the weekly chart but sideways on the monthly, indicating potential consolidation. The KST is bullish weekly but mildly bearish monthly, and Dow Theory shows a mildly bullish stance in both time frames. Overall, the technical stance is bullish with moderate strength, driven primarily by the bullish MACD and moving averages, despite some mixed signals from the RSI and KST.

Who are the top shareholders of the Kiran Syntex?

The top shareholder of Kiran Syntex is promoter Ami Jigar Godiwala with 14.3%, followed by public shareholder Astor Stock Brokers at 2.82%. Individual investors hold 48.63%, with no pledged promoter holdings or foreign institutional investors involved.

The top shareholders of Kiran Syntex include Ami Jigar Godiwala, who is the promoter with the highest holding at 14.3%. The highest public shareholder is Astor Stock Brokers Private Limited, holding 2.82%. Additionally, individual investors collectively hold a significant portion of 48.63%. The company has no pledged promoter holdings, and there are no foreign institutional investors (FIIs) involved. Mutual funds hold a small stake through four schemes, amounting to 0.22%.

Has Kiran Syntex declared dividend?

No Dividend History Available